Picture of the author

Thomas Murray is a theorist of modern trading who made researches of W. Gann more comprehensible and more applicable in practice. Murrey Levels are efficient in determination of price of almost any financial instrument.

Murray levels analysis

Murrey Levels - this type of market analysis has been demanded by many traders for a long time. Whether you trade shares, currency or futures, Murray Levels perfectly apply to all instruments. Main principle of ML is that all markets move in a similar manner (which means that behavior of crowd determines all markets and thus they have similar characteristics).

Murray Levels are based on discoveries made by William Gann in the first half of XX century. As William Gann performed as an efficient trader, his technique seemed complex and intricate. But Mr. Murray simplified Gann's technique: he created a special geometrical system that describes price movement over time.

2016 EURUSD GBPUSD USDJPY
04
Marcha

p> The four-hours chart of EURUSD. After a protracted consolidation on (1/8) level, the pair has bounced off this level. The resistance area was broken through. This area was formed by the four-hours Supertrend line and the weekly Supertrend line. At the moment pair is testing the resistance on th

The four-hours chart of GBPUSD. Pair has achieved the goal on main level of support/ resistance (4/8). This is the strongest level in the system and we can expect a downward pullback or maybe the price will turn over to the rising movement. But if this level is broekn through, we will good possib

The four-hours chart of USDJPY. Pair continues to consolidate above the support area which was formed by the four-hours Supertrend line and the daily Supertrend lines. When the price is above this area, the main possibility is pair growth. The goal for growth is the intermediate resistance level

03
Marcha
02
Marcha
01
Marcha
29
Fevereiro
Close
Entrar
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.